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Link to original content: http://statista.com/statistics/1394754/india-steel-demand/
India: steel demand 2024 | Statista

Steel demand in India FY 2023-2024

Published by
Shangliao Sun,
Jun 22, 2023
In financial year 2023, the demand for steel in India was at around 120 million metric tons. It was expected to grow by 7.5 percent in 2024. The growth was mainly driven by increased demand from the construction, railways and capital goods sectors.

Demand of steel in India in financial year 2023 with forecast in 2024 (in million metric tons)

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Release date

May 2023

Region

India

Survey time period

FY 2023

Supplementary notes

*estimate.

India's financial year begins in April and ends in March. For example, FY 2022 started in April 2021 and ended in March 2022.

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